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Six-Duplex Residential Portfolio
For Sale
$2,575,000

2620 Hickory Valley Road, Chattanooga, TN 37421

Six separately parceled duplexes provide a 12-unit residential income property portfolio connected to sewer.

Property Size3,416 SF
Days on Market25

Property Features for 2620 Hickory Valley Road

General Information

Standard status Active
Size 3,416 SF
Property subtype Duplex

Additional Details

Asking Price $2,575,000
Utilities to Site Yes
Multifamily Units 12

Taxes and HOA fees

Annual Taxes $3,871

Building Details

Building Size 3,416 SF
Year Built 1985
Buildings 6
Listing Agency: NAI Charter Real Estate
Listed By: Chad Wamack · License #00284734
Source: Gracefrankgroup
Added: Oct 7 Changed: Oct 31 Last Checked: Oct 30 at 9:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Charter Real Estate

Rey
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Investment Insights

Based on property information with market context.

This residential portfolio comprises six duplexes totaling 12 units. Built in 1985, each duplex occupies its own parcel, and all six properties are connected to sewer.

The properties are located at 2618, 2620, 2622, 2624, 2628, and 2630 Hickory Valley Road in Chattanooga, Tennessee. A current rent roll and two years of income and expense reports are available with a signed confidentiality agreement.

Key Highlights

  • Six duplexes comprising 12 residential units
  • Each duplex is individually parceled
  • All properties are connected to sewer

Property Analytics

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Lease Details

12
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

170
Businesses Nearby

Demographics for 37421, TN

51,686
Population
23,978
Households
2.2
Avg Household Size
40
Median Age
38%
College-Educated
92%
High-School Grad
31.7 sq mi
ZIP Area
1,630
Density / Sq Mi
$79,958
Median Household Income
$44,452
Median Earnings
$1,313
Median Rent
$299,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Six separately parceled duplexes provide a 12-unit residential income property portfolio connected to sewer.
Where is this duplex located?
The property is located at 2620 Hickory Valley Road Chattanooga, TN.
What is the asking price?
The asking price for this property is $2,575,000.
What are key features of this property?
This property features: Six duplexes comprising 12 residential units; Each duplex is individually parceled; All properties are connected to sewer
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